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Reply #5: But there were even more loopholes then, than there are now. [View All]

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Philosopher King Donating Member (269 posts) Send PM | Profile | Ignore Wed Nov-09-11 05:47 PM
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5. But there were even more loopholes then, than there are now.
If, by the time you get to the AGI line, there is nothing left to tax, the difference between a tax rate of 0% or 100% is $0.00.
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  -Top Income Tax Rate was 91% during the 8 YEARS of the Republican Eisenhower terms, supraTruth  Nov-09-11 05:14 PM   #0 
  - I wouldn't bet on it  Cirque du So-What   Nov-09-11 05:21 PM   #1 
  - TRY!  supraTruth   Nov-09-11 05:23 PM   #2 
     - Alright, I did  Cirque du So-What   Nov-09-11 05:30 PM   #4 
  - Eisenhower wouldn't wipe his ass with Rick Perry's hair  aint_no_life_nowhere   Nov-09-11 05:30 PM   #3 
  - But there were even more loopholes then, than there are now.  Philosopher King   Nov-09-11 05:47 PM   #5 
     - The purpose of high marginal rates is commerce not revenues  soryang   Nov-09-11 06:00 PM   #6 
 

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